Strauss Group Joins Israel's Concentration List After Surpassing 7 Billion Shekel Revenue
Strauss Group, one of Israel's largest food companies, has officially been added to the country's list of significant concentration entities following its projected 2025 sales exceeding 7 billion shekels. Operating in over 20 countries with approximately 15,000 employees and 27 production sites, about half of Strauss's business occurs outside Israel. The company is publicly traded on the Tel Aviv 35 index, led by Chairwoman Ofra Strauss and CEO Shay Babad.
The inclusion on the concentration list is mandated by Israeli law to prevent excessive market power by a few business groups. A "significant real corporation" is defined as having annual sales above 6 billion shekels or 2 billion if considered a monopoly in any market. This designation does not imply any wrongdoing but reflects the company's business scale. Consequently, Strauss must now undergo government scrutiny regarding concentration effects before receiving licenses in essential infrastructure sectors or participating in privatizations. Additionally, the law prohibits such corporations from owning major financial entities like banks or insurance companies.
Strauss joins a list of 91 influential business groups, including large real corporations, banks, and institutional bodies. In the same update, Ayalon Investments Group was also added after surpassing asset thresholds. This development follows Strauss's strong financial results in Q1 2026, reporting a 67.9% rise in operating profit to 316 million shekels and a 126.1% increase in net profit to 181 million shekels.
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